Businesses must register for GST and apply GST to sales if -
A)they sell to customers in Canada
B)they have annual sales over $30 000
C)they import goods from outside of Canada
D)all businesses in Canada must register for GST

Question

Quizplus · Accepted Answer

Businesses must register for GST and apply GST to sales if they have annual sales over $30,000. Therefore, the best choice is B. A applies to businesses that sell to customers in Canada, but not all businesses need to register for GST if they don't meet the sales threshold. C is only relevant to businesses that import goods from outside Canada, and D is incorrect as not all businesses are required to register for GST.

Businesses Must Register for GST and Apply GST to Sales